Costa Rica: Market for PVC Floor, Wall and Ceiling Coverings 2024

Market Size for PVC Floor, Wall and Ceiling Coverings in Costa Rica

The Costa Rican market for PVC floor, wall and ceiling coverings dropped modestly to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed strong growth. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports from Costa Rica

In 2022, exports of pvc floor, wall and ceiling coverings from Costa Rica reduced notably to X square meters, which is down by X% against the year before. Overall, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2016 when exports increased by X%. The exports peaked at X square meters in 2021, and then dropped rapidly in the following year.

In value terms, exports of PVC floor, wall and ceiling coverings declined rapidly to $X in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports of attained the peak figure at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

Nicaragua (X square meters), Panama (X square meters) and Honduras (X square meters) were the main destinations of exports of PVC floor, wall and ceiling coverings from Costa Rica, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Panama (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Nicaragua ($X) remains the key foreign market for PVC floor, wall and ceiling coverings exports from Costa Rica, comprising X% of total exports. The second position in the ranking was held by Panama ($X), with a X% share of total exports. It was followed by Honduras, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Nicaragua totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and Honduras (X% per year).

Export Prices by Country

The average export price for PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per square meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($X per square meter), while the average price for exports to Honduras ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of PVC Floor, Wall and Ceiling Coverings

Imports into Costa Rica

In 2022, the amount of PVC floor, wall and ceiling coverings imported into Costa Rica contracted markedly to X square meters, which is down by X% compared with the year before. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X square meters, and then declined notably in the following year.

In value terms, imports of PVC floor, wall and ceiling coverings reached $X in 2022. Over the period under review, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of PVC floor, wall and ceiling coverings to Costa Rica, accounting for a X% share of total imports. Moreover, imports of PVC floor, wall and ceiling coverings from China exceeded the figures recorded by the second-largest supplier, the United States (X square meters), sixfold. The third position in this ranking was held by South Korea (X square meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and South Korea (X% per year).

In value terms, the largest PVC floor, wall and ceiling coverings suppliers to Costa Rica were China ($X), the United States ($X) and Sweden ($X), together comprising X% of total imports.

Among the main suppliers, Sweden, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for PVC floor, wall and ceiling coverings amounted to $X per square meter, with an increase of X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The import price peaked at $X per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per square meter), while the price for Thailand ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :